Video: Car Bomb Explodes in Baghdad
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A packed car bomb has exploded on a commercial street in Baghdad's eastern Shi'ite district of Al Mashtal resulting in at least five deaths and 17 wounded. A recent wave of violence […]
Iraq to Store Crude in Korea
By John Lee. Oil minister Abdul Kareem Luaibi [Elaibi] has told reporters that Iraq plans to store 4 million barrels of crude oil in South Korea. According to a report from Reuters, he said that the oil was to be stored in Korea "to be near the markets - the Asian markets". The Wall Street […]
Faw Port Companies Exempted from Taxes
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has decided to exempt foreign companies involved in the Faw Port project from customs duties and taxes. This decision was an attempt to accelerate the completion of the stalled project, through […]
New Iraqi Protest Movement Targets Corrruption
By Harith Hasan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is currently witnessing a huge discrepancy between the performance of the political class and the security, social and economic pressures experienced by the people. Despite its apparent failure in dealing with […]
Entering Karbala: Getting a Visa to US would be Easier
By Ibrahim al-Jibouri. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Karbala’s famous old city is home to two of Islam’s most important shrines and attracts millions of tourists. It is also surrounded by high walls and […]
Iraqi Women Victimized by Tribal Marriage Customs
By Dlovan Barwari for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. She set her small body on fire after pouring several liters of kerosene over herself and lighting a match. This is how she ended her life after her father refused to allow […]
UNESCO Hands Over Community Learning Centres
The 8th September of every year marks a special occasion with the world celebrating International Literacy Day. In 2013, this occasion takes an even deeper significance as this year's celebrations highlight a neglected, yet major aspect: placing education at the heart of development. Under this year's theme, Literacies for the 21st Century, the United Nations […]
Iraq Plans Oilfield Contract Award to Koreans
By John Lee. Businessweek reports that Iraq plans to award contracts at the Zubair oil field the the Korean companies Samsung Engineering, Hyundai Heavy Industries, and Daewoo Engineering & Construction. Oil minister Abdul Kareem Luaibi [Elaibi] (pictured) has told reporters: “We are in the last stages in attributing the project entirely to three Korean companies ... […]
Iraq to Recruit Doctors from Bangladesh
By John Lee. The Bangladeshi Minister for Expatriates’ Welfare and Overseas Employment, Khandker Mosharraf Hossain, has told Dhaka Tribune that the Iraqi Ministry of Health said it wants to recruit 100 anaesthetists. Recruitment will be done under an arrangement with private recruiting agencies, which the minister said would not charge high fees to the candidates […]
Maliki Appeals to Dutch Companies
By John Lee. Premier Nouri al-Maliki received the Dutch foreign minister Frans Timmerman this week and called for Dutch companies to enter the Iraqi markets, pointing that Iraq has an agreement with the European Union. Minister Timmerman said his country is looking for opportunities either in work or investments, and said his country wants to […]
US-Kurdistan Business Council Meets KRG Delegation
The United States Kurdistan Business Council (USKBC) this week heard about the latest political and economic developments in the Kurdistan Region of Iraq from a Kurdistan Regional Government (KRG) ministerial-level delegation. Minister Falah Mustafa Bakir, Head of the KRG Department of Foreign Relations, and Bayan Sami Abdul Rahman, the KRG’s High Representative to the United […]
LUKOIL Implements Social Projects in Basra
LUKOIL Mid-East Ltd (operating company of LUKOIL for development of the West Qurna-2 field) has completed another social project in Basra Province. The company supplied modern medical equipment for the central hospital of Madeina municipality adjacent to the field area. The supplied medical equipment includes a blood analyzer, diagnostic equipment for ultrasonograph and cardiograph and […]